The Asian Development Bank (ADB) has lowered Laos’ 2025 GDP growth forecast from 3.9 percent to 3.7 percent, citing debt vulnerabilities, weak demand, and trade tensions.
The ADB’s September report notes that despite resilience in key sectors, ongoing fiscal and external challenges continue to weigh on the economy.
Despite these headwinds,...
The Thai government expects to attract over 2.9 million visitors from China as part of the five-month visa exemption period. The tourists will bring...
The governing body of the Mekong River Commission took a significant step this week towards creating a “Mekong Fund” for Southeast Asia’s largest waterway...
As ASEAN strives to achieve further integration of digital economies, Laos is trying to foster better cooperation with neighboring countries Vietnam and Cambodia on...
The Government of Laos and Team Europe partners, Luxembourg, Switzerland, and the European Union, gathered today in Vientiane Capital to launch the “Skills for...